Liquidity management

For more than 50 years, we have partnered with institutional clients worldwide, including public and private pension funds, national and supranational entities, corporations, charities and foundations to help them achieve their financial objectives. As a fiduciary, we always act in our clients' best interests. The platform is distinguished by its unique global credit control process for active management of credit, counterparty and market risks.

Our management approach is characterized by a transparent investment process with a keen focus on capital preservation. Our strategies are offered in a variety of vehicles and multiple currencies.

Distinguished features

Global platform

multiple perspectives

50+ years

managing global liquidity solutions*

15+

dedicated team of liquidity specialists**

Strategies across the short-term spectrum

Actively managed tiers

Depending on your cash management needs, investors may want to consider customized solutions to help meet their financial obligations. Our process is designed to provide capital preservation, competitive yields with transparency. With maturities from one day to 24 months, we specialize in strategies targeted in three areas of actively managed tiers across the liquidity spectrum.

For illustrative purpose only

Investment horizon

Investor profile

Operational

Overnight – up to 90 days

Highly liquid, day-to-day spending needs

Core

One year or less

Less liquidity, undefined spending needs

Strategic

Up to 2 years

Decreased liquidity, longer-term spending needs

Thorough issuer analysis

We partner with clients in the design of their strategic investment program which allows us to tailor strategies and services that focuses on risk, return and liquidity. The cornerstone of our investment process is global research. Our team of specialists is dedicated specifically to liquidity management, and have successfully managed liquidity portfolios through various market cycles.

Independent research

Insights are shared across the firm’s global proprietary system.
Analysis of investments go beyond a company's financial success. Its Environmental, Social and Corporate Governance (ESG) performance is assessed by evaluating multiple ESG factors that align with the company's and shareholder values.

Credit control

A global credit control function defines available issuance, ultimately defining a universe of eligible securities.
The platform is distinguished by its unique global credit control process for active management of credit, counterparty and market risks.

Product offerings

We provide an extensive range of short-term investment strategies and innovative global liquidity solutions for offshore and onshore clients. Our funds offer daily liquidity, with principal preservation as their primary objective. Learn more about money market funds >

Government

Tax exempt

Separately managed

Perspective library

A partner’s perspective

New information and fresh insights support informed decisions. See what DWS sees, and what it may mean for you.

*Source: DWS as of 9/30/24
**Source: DWS as of 9/30/24

ESG Definition: Environmental, social, and governance (ESG) criteria are a set of standards for a company's operations that socially conscious investors use to screen potential investments: Environmental (how a company performs as a steward of nature); Social (how a company manages relationships with employee, suppliers, customers, and communities); Governance (company's leadership, executive pay, shareholder rights, etc).

Investing in securities that meet ESG criteria may result in foregoing otherwise attractive opportunities, which may result in underperformance when compared to products that do not consider ESG factors

Environmental, social responsibility and corporate governance (ESG) related strategies seek to provide investors with access to assets that meet responsible investment criteria without sacrificing investment returns. Although we strive to incorporate an ESG criterion, as one of many other criteria, in our investment process, DWS is a fiduciary and will act in the best interests of the client and investment account. Thus, the investment team will not sacrifice performance for ESG investments unless specifically required by a client's investment guidelines. In addition, ESG activities and processes may vary by investment strategy, asset type and location.

DWS Engine: DWS developed an engine, which is our proprietary software that aggregates data from multiple third-party commercial providers of ESG data, as well as data from several non-governmental organizations, to arrive at various ESG solutions (e.g., assignments of ratings to investment positions and sovereigns). The ESG engine is operated by DWS International GmbH, a German affiliate of DIMA, a U.S. registered investment adviser. DIMA's portfolio managers have access to ESG solutions produced by such German affiliate and may use such ESG solutions in managing client accounts. Please see Part II of the adviser's Form ADV for additional information regarding ESG issues.

This material is for informational purposes only and is provided solely on the basis that it will not constitute investment or other advice or a recommendation relating to any person’s or plan’s investment or other decisions. This material is provided for informational purposes only and should not be construed as investment advice or an offer or solicitation to buy or sell securities.

War, terrorism, sanctions, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and, in the future, may lead to significant disruptions in US and world economies and markets, which may lead to increased market volatility and may have significant adverse effects on the fund and its investments.

There is no guarantee that any of these strategy objectives will be met.

These materials are provided solely on the basis that they will not constitute investment advice and will not form a primary basis for any person's or plan's investment decisions.

Views and opinions expressed are for informational purposes only and do not constitute a recommendation to buy, sell, or hold any security. Views and opinions are current as of the date of this page and may be subject to change, they should not be construed as investment advice.

No assurance can be given that any forecast, investment objectives and/or expected returns will be achieved.

I-074698-6 (02/2026)

This website is intended to be a general communication and is provided for informational and/or educational purposes only. None of the content should be viewed as a suggestion that you take or refrain from taking any action nor as a recommendation for any specific investment product, strategy, plan feature or other such purpose. Your use of this website indicates that you agree with the intended purpose. Prior to making any investment or financial decision, you should seek individualized advice from a personal financial, tax, and other professionals who are able to provide advice in the context of your particular financial situation.

War, terrorism, sanctions, economic uncertainty, trade disputes, public health crises and related geopolitical events have led and, in the future, may lead to significant disruptions in US and world economies and markets, which may lead to increased market volatility and may have significant adverse effects on the fund and its investment.

Obtain a prospectus
Carefully consider the fund's investment objectives, risk factors, charges and expenses before investing. This and other information can be found in the fund's prospectus. To obtain a mutual fund summary prospectus, if available, or prospectus, call (800) 728-3337 or download one here. To obtain an ETF prospectus call (844) 851-4255 or download one here. To obtain the RREEF Property Trust prospectus, download one here. Read the prospectus carefully before investing.

Investing involves risk including loss of principal. Stocks may decline in value. Bond investments are subject to interest-rate, credit, liquidity, and market risks to varying degrees. When interest rates rise, bond prices generally fall. You cannot invest directly in an index. Credit risk refers to the ability of an issuer to make timely payments of principal and interest. Investing in derivatives entails special risks relating to liquidity, leverage and credit that may reduce returns and/or increase volatility. Foreign investing involves greater and different risks than investing in US companies, including currency fluctuations, less liquidity, less developed or less efficient trading markets, lack of comprehensive company information, political instability and differing auditing and legal standards. Emerging markets tend to be more volatile and less liquid than the markets of more mature economies, and generally have less diverse and less mature economic structures and less stable political systems than those of developed countries. Funds investing in a single industry, country or in a limited geographic region generally are more volatile than more diversified funds. Performance of a fund may diverge from that of an underlying index due to operating expenses, transaction costs, cash flows, use of sampling strategies or operational inefficiencies. There are additional risks associated with investing in high-yield bonds, aggressive growth stocks, non-diversified/concentrated funds and small- and mid-cap stocks which are more fully explained in the prospectuses, as applicable. An investment in any fund should be considered only as a supplement to a complete investment program for those investors willing to accept the risks associated with that fund. Please read the applicable prospectus for more information.

Shares of exchange traded funds (ETFs) are bought and sold at market price (not NAV) throughout the day on the Fund’s Primary Listing Exchange. There can be no assurance that an active trading market for shares of a fund will develop or be maintained. Transactions in shares of ETFs will result in Brokerage commissions and will generate tax consequences. There are risks associated with investing, including possible loss of principal.

Shares of ETFs may be sold throughout the day on the exchange through any brokerage account. However, shares may only be purchased and redeemed directly from the funds by authorized participants in very large creation/redemption units. There is no assurance that an active trading market for shares of an ETF will develop or be maintained.

The brand DWS represents DWS Group GmbH & Co. KGaA and any of its subsidiaries such as DWS Distributors, Inc., which offers investment products, or DWS Investment Management Americas, Inc. and RREEF America L.L.C., which offer advisory services.

Xtrackers ETFs ("ETFs") are managed by DBX Advisors LLC (the "Adviser"), and distributed by ALPS Distributors, Inc. (“ALPS”). The Adviser is a subsidiary of DWS Group GmbH & Co. KGaA, and is not affiliated with ALPS.

XtrackersTM is a trademark of DWS Group. All other trademarks, servicemarks or registered trademarks are the property of their respective owners. Your use of this site signifies that you accept our Terms & Conditions of Use.

Important information – U.S.

DWS does not render legal or tax advice, and the information contained in this communication should not be regarded as such. The comments, opinions and estimates contained herein are based on or derived from publicly available information from sources that we believe to be reliable. We do not guarantee their accuracy. This material is for informational purposes only and sets forth our views as of this date. The underlying assumptions and these views are subject to change without notice.

For institutional client and registered representative use only. Not for public viewing or distribution.

Past performance is not indicative of future returns. No assurance can be made that investment objectives will be achieved.

To obtain a summary prospectus, if available, or prospectus, for Institutional money market funds distributed by DWS Distributors, Inc., download one now or call Institutional Investor Services at (800) 730-1313, Monday through Friday, 8:30 am to 6:00 pm ET. We advise you to carefully consider the product's objectives, risks, charges and expenses before investing. The summary prospectus and prospectus contain this information and other important information about the investment product, including management fees and expenses. Please read the prospectus carefully before you invest or send money.

Forecasts are based on assumptions, estimates, opinions and hypothetical models that may prove to be incorrect. Investments come with risk. The value of an investment can fall as well as rise and your capital may be at risk. You might not get back the amount originally invested at any point in time.

The brand DWS represents DWS Group GmbH & Co. KGaA and any of its subsidiaries, such as DWS Distributors, Inc., which offers investment products, or DWS Investment Management Americas, Inc. and RREEF America L.L.C., which offer advisory services.

Certain DWS products and services may not be available in every region or country for legal or other reasons, and information about these products or services is not directed to those investors residing or located in any such region or country.

DWS Distributors, Inc. Member FINRA FINRA BrokerCheck

Government		Seeks the preservation of capital
Investment approach		Primarily used for operational cash with daily liquidity of T+0. We invest in government paper & government backed repurchase agreements.
Ratings/currencies		AAA; U.S. dollar
Net Asset Value		Stable

Learn more about Money Market Funds >

Tax exempt		Seeks the preservation of capital. The portfolio seeks to provide maximum current income that is exempt from federal income taxes to the extent consistent with stability of capital.
Investment approach		Primarily used for operational cash with daily liquidity of T+0. We invest in tax-exempt commercial paper and high-quality municipal notes and bonds.
Ratings/currencies		AAA; U.S. dollar

Learn more about Money Market Funds >